Friend Tech Stocks Shatter New Highs as Microsoft Eyes TikTok Acquisition | Tradinggods.net

[TradingGods.net Logo]     ****Advertisement*****   System Used by Top 1% Investors to Pick Winning Stocks Most of the world's richest investors totally ignore company fundamentals like P/E ratios. Those metrics have NOTHING to do with what makes stocks rise or fall. One indicator is far more accurate -- but less than 1 in 1,000 investors have ever heard of it. [This is how wealth is really made in the stock market today.](                                            *****Advertisement*****   Dear Trading God Friend,   Tech stocks continued to surge on Monday, with the Nasdaq hitting new all-time highs. The Dow and broader U.S. stock market advanced on Monday, as big-tech companies continued to lead the charge towards new all-time highs.  All three of Wall Street's major indices reported gains at the start of the week, with the Nasdaq Composite Index (QQQ) recording new all-time highs. The tech-heavy average rose 1.5% to 10,902.80.  The broad S&P 500 Index (SPY) of large-cap stocks gained 0.7% to close at 3,294.62. Gains were concentrated in five of 11 primary sectors, with information technology leading the pack.  Meanwhile, the Dow Jones Industrial Average (DIA0 jumped 236.08 points, or 0.9%, to 26,664.40.  A measure of 30-day volatility known as the CBOE VIX (VXX) flat-lined on Monday. The so-called "investor fear index" settled down 0.3% at 24.38 on a scale of 1-100 where 20 represents the historic average.  Shares of Microsoft (NASDAQ:MSFT) reached new all-time highs after the company confirmed it was looking to acquire TikTok's U.S. operations. In order to meet U.S. government approval, Microsoft must finalize the acquisition by September 15.   On the data front, U.S. manufacturing activity continued to rebound in July, raising optimism that the worst of the Covid-19 downturn had passed. The Institute for Supply Management's manufacturing purchasing managers' index (PMI( improved to 54.2 in July from 52.6 in June. Anything above 50 signifies expansion in manufacturing activity.  In a separate report, the Commerce Department said construction spending declined 0.7% in June.  The Final Word: Although Covid-19 is far from contained in the United States, there are signs that the rate of new infections is slowing. The novel disease has spread throughout the country, with roughly 4.7 million confirmed cases, according to Johns Hopkins University.   We'll talk soon, Trading Gods                             *****Advertisement****   You Could Make $300 to $1100 Per Contract With This Simple Trade Imagine getting really good at mastering just ONE simple trade. A trade that appears like clockwork between 9:30-10:45am on most trading days. This free step-by-step guide, by options expert, Dave Acquino, shows you how to spot and take these trades so you can walk away with daily profits! [CLICK HERE for instant access.](     *****Advertisement*****   **  [Ridgeline Media Group LLC BBB Business Review]( Disclaimer: The content included herein is for educational and informational purposes only, and readers agree to TradingGods.net [Disclaimer,]( [Terms of Use,]( [Privacy Policy]( before accessing or using this or any other publication by TradingGods.net or Ridgeline Media Group, LLC. Ridgeline Media Group, LLC does not endorse any products that may be advertised in this email.  If you no longer wish to receive our emails, click the link below: [Unsubscribe](  Ridgeline Media Group LLC 70 SW Century Drive Suite 100-148 Bend, Oregon 97702 United States Media Group, LLC/html